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Category Archive : Crypto News

U.S. Bitcoin ETFs Bleed Record $563M Even as Fed’s Powell Rules Out Rate Hike

Fidelity’s FBTC, not GBTC, let outflows on Wednesday in what may be an alarming development for the bulls.

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Author: Omkar Godbole

Spot bitcoin ETFs record largest daily net outflows ever

Fidelity’s FBTC saw $191 million moved out of the fund, while BlackRock’s IBIT saw its first net daily outflow.

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Author: Timmy Shen

MicroStrategy plans to launch decentralized ID solution: report

Microstrategy unveiled plans to launch a decentralized identity solution at a business presentation, according to an influencer on X. 

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Author: Elizabeth Napolitano

CZ’s Trial Proves it Pays to Cooperate

His four-month sentence was vindication for the Binance founder’s legal strategy.

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Author: Daniel Kuhn

Aave Labs debuts V4 roadmap in series of governance proposal

Aave Labs unveiled its plans for Aave V4, holding up its long list of new and improved protocol features up to public scrutiny.  

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Author: Elizabeth Napolitano and MK Manoylov

Memecoins look to be getting a second life

Earlier in the month it seemed like the memecoin sector’s flourish was diminishing, but it looks to be getting a second life this past week.

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Author: Rebecca Stevens

VanEck says about $175 billion in bitcoin held by ETFs, nations and companies

The firm totaled the amount of bitcoin held by governments, funds and institutions as it makes the case for investing in the cryptocurrency.

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Author: RT Watson

Bitcoin back above $58,000 as Fed cites ‘lack of further progress’ fighting inflation

Bitcoin’s price increased back above the $58,000 mark on Wednesday after the Fed kept interest rates at their current level on Wednesday.

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Author: Brian McGleenon

Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled

Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.

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Author: Stephen Alpher

The Protocol: EigenLayer’s ‘Intersubjective Forking’ Is Objectively Not Done

Much-hyped restaking project EigenLayer’s 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won’t be ready when the token launches.

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Author: Bradley Keoun


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